{"id":12977,"date":"2023-08-11T13:00:00","date_gmt":"2023-08-11T13:00:00","guid":{"rendered":"https:\/\/fortispay.com\/paylink-text-and-email-enabled-payment-links\/"},"modified":"2023-08-11T13:00:00","modified_gmt":"2023-08-11T13:00:00","slug":"paylink-text-and-email-enabled-payment-links","status":"publish","type":"post","link":"https:\/\/fortispay.com\/paylink-text-and-email-enabled-payment-links\/","title":{"rendered":"Paylink: Text and Email-Enabled Payment Links"},"content":{"rendered":"\n<p>Late payments are a problem for over <a href=\"https:\/\/www.pymnts.com\/news\/b2b-payments\/2022\/93-of-companies-experience-late-payments\/\" target=\"_blank\" rel=\"noreferrer noopener\">90% of businesses.<\/a> Overworked finance teams, traditional paper processes, and a confusing payment experience can all contribute to delayed payments, or worse, bad debt.&nbsp;<\/p>\n\n\n\n<p>However, businesses can leverage technology to streamline their payment process, drive efficiency, and increase customer satisfaction.&nbsp;This is where Paylink comes in.&nbsp;<\/p>\n\n\n\n<p>Businesses using Paylink can send electronic invoices via SMS or email. Customers are directed to an online, branded payment portal where they can input their information and make a payment. The payment data is then reconciled with your ledger.&nbsp;<\/p>\n\n\n\n<p>Furthermore, businesses can leverage Paylink transaction data to inform their account receivables (AR) strategies.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Three Benefits of Paylink&nbsp;<\/h2>\n\n\n\n<p><strong>#1:<\/strong> <strong>Accelerate time to revenue<\/strong>&nbsp;<\/p>\n\n\n\n<p>A slow payment process is one of the barriers to healthy cash flow and growth. Back-office procedures and customer priorities often dictate how quickly a business will receive revenue. Things like paper checks, manual invoice reconciliation, customer forgetfulness, or missed invoices can all delay timely payments.&nbsp;<\/p>\n\n\n\n<p>Paylink speeds up this process by enabling businesses to rapidly request payments via SMS or email. As a result, customers can pay immediately with their preferred method, and this information is automatically reconciled with your ledger.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>#2: Drive back-office efficiency<\/strong>&nbsp;<\/p>\n\n\n\n<p>Paylink\u2019s automated processes can also improve <a href=\"https:\/\/blog.gitnux.com\/workflow-automation-statistics\/\" target=\"_blank\" rel=\"noreferrer noopener\">business efficiency up to 60%<\/a>. The payment is posted to a business\u2019 ledger and automatically matches payments with invoices. This reduces the repetitive tasks of data entry and verifying payment methods.&nbsp;Instead, customers can pay via credit card or ACH via a single link. Best of all, your AR department only needs to disseminate a paylink to receive payment.&nbsp;<\/p>\n\n\n\n<p><strong>#3: Boost your customer experience<\/strong>&nbsp;&nbsp;<\/p>\n\n\n\n<p>A high-friction payment experience can lead to dropped checkouts or late payments and a confused or irritated customer. Some of high-friction payment examples include redirection to a card issuer site for payment processing, off-brand payment portals, a lack of payment options, or paper invoices.&nbsp;<\/p>\n\n\n\n<p>When you integrate email or SMS payment portals with an embedded payment experience, customers can breeze through their payment without a hassle. That positive experience improves your cash flow and reflects positively on your brand.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Try Paylink for yourself&nbsp;<\/h2>\n\n\n\n<p>So, if you\u2019re one of the 90% of businesses experiencing late payments, consider expanding your payments suite with paylink. The Fortis Platform enables you to text or email a secure payment link to customers or patients to remit payment. Paylink is a way for merchants to create a payment link, streamlining backend payment processes and lessen late payments.&nbsp;<\/p>\n\n\n\n<p>Embedded payments combined with the <a href=\"https:\/\/go.fortispay.com\/paylink\" target=\"_blank\" rel=\"noreferrer noopener\">Paylink feature<\/a> from Fortis make it easy for businesses to accelerate time to revenue, drive back-office efficiency, and boost customer experience.&nbsp;<\/p>\n\n\n\n<p>Ready to transform your payment process? <a href=\"https:\/\/go.fortispay.com\/paylink\" target=\"_blank\" rel=\"noreferrer noopener\">Schedule a call<\/a> with our team today and discover how you can turn your payment experience into a competitive advantage.&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fortis embedded payments platform\u2019s Paylink feature enables businesses to send SMS and email invoices to customers.<\/p>\n","protected":false},"author":1,"featured_media":12603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[566,567],"tags":[487,488],"class_list":["post-12977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-news-trends","tag-paylink","tag-payment-links"],"acf":[],"_links":{"self":[{"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/posts\/12977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/comments?post=12977"}],"version-history":[{"count":0,"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/posts\/12977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/media\/12603"}],"wp:attachment":[{"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/media?parent=12977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/categories?post=12977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fortispay.com\/wp-json\/wp\/v2\/tags?post=12977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}